David Rosenberg: Latest Labour Data Shows Canadians Are Begging the Bank of Canada for Renewed Rate Relief
4 Articles
4 Articles
The balance of credit operations in the country's financial system increased by 0.7% in April compared to March. According to the report “Monetary and Credit Statistics”, released by the BC (Central Bank) this Thursday (May 29, 2025), the stock totaled R$6.6 trillion. Here is the full statement (PDF – 274 KB). In March, the credit balance had registered a growth of 0.6% compared to February. Registration form free alerts from Poder360 I agree t…
The percentage of non-compliance of credit operations increased 0.3 percentage points in April, reaching 3.5% of the portfolio. The result is considered to be higher than 90 days. The Central Bank published the report of Monetary and Credit Statistics on this Thursday (29). In credit operations with free resources, i.e. with marketed resources, the non-compliance was in 4.8% of the portfolio, higher than 0.3 percentage points per month.
The corporate default rate rose to 2.5% in April from 2.2% in March, while that of households rose from 3.9% to 4.1%.
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